https://www.taxtmi.com/article/detailed?id=6802 Establishment of foreign presence in India requires RBI permission under FEMA for Liaison Offices, Branch Offices and Project Offices via Form FNC through an AD Category I bank, considered under automatic or approval routes. RBI assesses track record and audited net worth requirements and prescribes permissible activities by office type: LOs are limited to representative and communication functions funded by inward remittances; BOs may undertake specified commercial and technical activities but cannot engage in retail trading or manufacturing unless permitted. Procedural requirements include certified incorporation documents, audited financials, UIN allotment, PAN registration, reporting, and defined closure procedures. en-us Thu, 28 Apr 2016 09:48:58 +0530 Thu, 28 Apr 2016 09:48:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6802 Establishment of foreign presence in India requires RBI permission under FEMA for Liaison Offices, Branch Offices and Project Offices via Form FNC through an AD Category I bank, considered under automatic or approval routes. RBI assesses track record and audited net worth requirements and prescribes permissible activities by office type: LOs are limited to representative and communication functions funded by inward remittances; BOs may undertake specified commercial and technical activities but cannot engage in retail trading or manufacturing unless permitted. Procedural requirements include certified incorporation documents, audited financials, UIN allotment, PAN registration, reporting, and defined closure procedures. Articles FEMA - Foreign Exchange Management Thu, 28 Apr 2016 09:48:58 +0530 https://www.taxtmi.com/article/detailed?id=6802